Reports Q4 revenue $658M, consensus $619.97M. “LP finished the quarter and the year with results that reflect increased operational efficiency and an improving outlook for single-family housing,” said LP Chairperson and CEO, Brad Southern. “Siding inventory and sell-through patterns remain seasonally normal. As we look forward to 2024 and beyond, LP’s recent investments in mill and prefinishing capacity leave us well positioned for expansion and share gains in Siding and Structural Solutions.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LPX:
- LPX Earnings this Week: How Will it Perform?
- Louisiana-Pacific Corp Announces Quarterly Cash Dividend
- LP Building Solutions raises quarterly dividend 8% to 26c per share
- Louisiana-Pacific downgraded on valuation at TD Securities
- Louisiana-Pacific downgraded to Hold from Buy at TD Securities
Questions or Comments about the article? Write to editor@tipranks.com